v3.25.2
Note 20 - Equity Affiliates
 6 Months Ended
Jun. 30, 2025
Notes to Financial Statements  
Equity Method Investments and Joint Ventures Disclosure [Text Block]

Note 20. Equity Affiliates

 

We have a number of investments in entities that engage in the manufacture and supply of vehicular parts (primarily axles and driveshafts).

 

Equity method investments at June 30, 2025 — 

 

  

Ownership Percentage

 

Investment

 

Dongfeng Dana Axle Co., Ltd.

 50% $58 

ROC-Spicer, Ltd.

 50%  24 

Tai Ya Investment (HK) Co., Limited

 50%  5 

All others as a group

    6 

Investments in equity affiliates

    93 

Investments in affiliates carried at cost

    5 

Investments in affiliates

   $98 

 

On April 25, 2025, we sold our 48% ownership interest in Axles India Limited for $43 in cash. The $19 pre-tax gain on the transaction is included in equity in earnings of affiliates.

 

On June 6, 2025, we sold our ownership interest in Switch Mobility Limited for $10. The $8 pre-tax loss on the transaction is included in other income (expense), net.